F1 Crypto Sites
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Formula 1 is one of the world’s most watched sport and a massive hit in the online sports betting world, so it comes as no surprise that it is very easy to find betting platforms that cover F1 races. That includes both traditional betting sites as well as crypto bookmakers, giving punters options to pick between the two and bet however they like.
Even though crypto betting is still not nearly as massive as more traditional betting, with fiat currency, finding a crypto betting platform where you can place bets on F1 with crypto isn’t challenging. Yet, to bet on F1 with crypto, there are a few things to know, including how to recognise the top crypto bookmakers.
F1 Crypto Sites
Formula 1 betting markets are readily available on all online betting platforms, which include traditional sportsbooks and crypto betting sites. So, anyone who wants to bet on F1 with crypto has plenty of options – either sign up with a crypto sportsbook or any traditional betting site which accepts cryptocurrency.
Nowadays, more and more sportsbooks are starting to accept crypto deposits, and there is a noticeable surge of crypto betting sites, so a new punter won’t struggle to find a platform to bet on. However, before signing up, there are a few things to check.
- Market Coverage – Naturally, a good F1 crypto betting site should offer solid coverage of Formula 1 betting markets, covering all races with plenty of betting options. Ensuring that the platform has that available is the only way to make sure you’re in for a solid betting endeavour.
- Betting Odds – Just like how the availability of betting markets is important for an enjoyable F1 betting experience, so are betting odds – which will ultimately dictate which is the optimal crypto bookmaker to use. No betting site will have the best odds, but there is a good number of sportsbooks with competitive prices.
- Reputation & Licencing – Before signing up with any betting site, it’s advisable to check whether it has a solid online reputation and if it is licenced. This is a great way to ensure the betting platform is safe to use, so it is advisable to check the testaments of other users, the availability of a licence, and reputable online reviews.
- Bonuses & Promotions – Bonuses and promotions are not nearly as important as quality betting odds, but they can offer a lot of value to punters. So, it is wise to sign up with crypto betting sites with solid offers which you can take advantage of.
While there are a few things to keep in mind when deciding which crypto F1 betting site is the best for you, many online betting platforms will check those marks. So it is possible and wise to sign up with more than one, which also helps you with price shopping and having access to more bonuses and promotions.
How To Bet on Formula 1?
Betting on Formula 1 is pretty straightforward – which applies to most motorsports or sports that include racing, such as horse racing.
As the idea of the sport is simple, learning its concept and even how to bet on Formula 1 should come easy for anyone. Moreover, there are fewer bet types when wagering on F1 races, yet it is wise to know the basics.
Race Winner
Race winner is a self-explanatory bet anyone can place on a Formula 1 race. As the name suggests, it is a wager on which driver will win the race, and there is not much more to it.
Podium Finish
Podium finish expands the “race winner” wager, allowing you to place bets on which driver will finish the race on the podium i.e. inside the top three. This bet is particularly popular in F1, as in most cases, there will be one strong favourite to win, yet several underdogs who will be priced generously even on the podium finish market.
Fastest Lap
The fastest lap wager is another self-explanatory wager used to predict which driver will clock the fastest lap in any given race. This bet works separately from the race winner, as the race winner does not necessarily also produce the quickest lap, expanding the betting options on outsiders.
Head-to-Head Betting
Head-to-head bet on Formula 1 is a side market offered by the top crypto F1 betting sites. The head-to-head markets allow punters to place bets on which of the two offered drivers will place higher at the end of the race, offering even more options to bet on Formula 1 races beyond only who will win.
Outright Winner
Outright winner wager on Formula 1 is simply a wager on which of the drivers will win the championship. Besides being able to wager on which driver will claim the crown, punters can also place bets on constructors, essentially betting on which team will win the championship.
How to Use Crypto for Betting on Formula 1?
Betting on Formula 1 with crypto comes as easy as betting on F1 with fiat currency. Nowadays, many online sportsbooks accept crypto payments and an increasingly bigger amount of crypto sportsbooks, so there are plenty of options for crypto punters to choose from.
Still, if you’re new to crypto betting, your cryptocurrency betting endeavour should start with setting up a crypto wallet.
- Set up a trusted crypto wallet
- Store crypto in the wallet
- Register with the best F1 crypto betting sites
- Check for any welcome bonuses and promotions
- Make a deposit and claim your welcome bonus
- Start betting as you would on a traditional betting site
FAQs
Can you bet on Formula 1 with crypto?
Betting on Formula 1 crypto is not only possible but available with many online betting sites. This includes traditional bookmakers who accept crypto deposits and multiple crypto bookmakers, as the majority will cover F1 races.
Where to find Formula 1 crypto bonuses?
Nowadays it is expected for all online bookmakers to offer some form of bonuses and promotions for their users. That especially applies to new crypto sportsbooks, so it’s not hard to find a platform which will offer some kind of welcome bonuses and other promotions. You can find the top crypto bonuses and promo codes at CryptoNinjas.
Which are the best Formula 1 crypto betting sites?
In the sea of available crypto betting sites, it’s often hard to recognise which are the best options. But it is important to note that there are numerous great crypto bookmakers to choose from, as long as they’re licenced, legit, offer good F1 market coverage, and have competitive betting odds.
